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The Great Flattening: Middle Managers Face Mass Layoffs
Amidst Layoffs, 'The Great Flattening' Impacts Middle Management: A wave of job cuts is sweeping corporate America, disproportionately affecting middle managers. The trend, dubbed "The Great Flattening," is impacting various sectors, from tech giants to retail behemoths like Walmart. Experts attribute this to companies prioritizing AI and efficiency over human resources. "Businesses are firing anyone they can in a push for greater efficiency and to make way for AI," explains Justin Moore, a former Goldman Sachs and Google employee who discusses the issue on social media. The trend has sparked widespread concern about job security, prompting many to reconsider career paths.
20 days ago
US
United States
news summary
layoffs